Central Region HDB Resale Prices

Last updated: 25 October 2026

Central Region HDB resale prices often attract attention because this part of Singapore includes some of the country’s most established and best-connected HDB towns, including Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown, and Toa Payoh. Official HDB and URA planning materials consistently highlight these estates for their strong transport connectivity, mature amenities, healthcare access, greenery, and city-fringe convenience. Mature towns such as Queenstown and Toa Payoh also remain important landmarks in Singapore’s public housing history, while Bishan and Kallang / Whampoa continue to stand out for their accessibility and proximity to key commercial and lifestyle areas.

That is also why understanding Central Region HDB resale prices requires more than looking at a single average figure. Resale prices across these central and city-fringe estates can vary significantly depending on flat type, remaining lease, proximity to MRT stations, floor level, surrounding amenities, and the specific characteristics of each block and flat. Comparing recent resale transactions across nearby flats, neighbouring towns, and different flat types often provides a clearer picture of how the market is moving across the Central Region.

This Central Region HDB resale price guide brings together recent resale transaction trends, town-level comparisons, price movements, PSF insights, and notable resale activity across Singapore’s central HDB estates. Whether you are researching prices in Queenstown, comparing resale trends in Bishan and Toa Payoh, or tracking city-fringe HDB markets such as Kallang / Whampoa and Geylang, understanding how different towns and flat types perform over time can provide better context for buyers, sellers, homeowners, and market watchers.

Median Resale Price
$818,888
-2.5% vs September 2026
Median PSF
$779 psf
+1.8% vs September 2026
Transactions
405
-12.1% vs September 2026
Million-Dollar Sales
119
No change vs September 2026

The most active HDB town in region in October 2026 was Toa Payoh, with 87 resale transactions. The highest recorded transaction in region was a 5 Room flat in Bishan, sold for $1,711,000.

Central Region HDB Resale Market Analysis

This analysis reflects HDB resale market activity in October 2026, including pricing trends, transaction volumes and buyer demand across Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown and Toa Payoh.

Central Region HDB resale prices remained active in October 2026, with the median resale price reaching $818,888 and the median resale price per square foot holding around $779 psf.

The Central Region HDB market covers Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown and Toa Payoh. These towns attract different buyer profiles depending on transport connectivity, estate maturity, flat size, remaining lease, schools, amenities and access to employment hubs.

Resale activity across the region changed by -12.1% month-on-month, with 405 transactions recorded in October 2026. Toa Payoh was the most active Central Region HDB town during the month, recording 87 transactions.

Million-dollar HDB activity in the Central Region recorded 119 transactions during the month, while 1,040 million-dollar transactions were recorded year-to-date. The highest transaction reached $1,711,000 in Bishan.

For buyers comparing Central Region HDB towns, it is useful to look beyond headline resale prices. Flat type, remaining lease, MRT or LRT proximity, project age, floor level and town-specific demand can all affect how resale prices move across Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown and Toa Payoh.

Central Region HDB Resale Market Analysis

Compare median PSF trends across Central Region HDB towns using recent resale transactions.

#1

Queenstown

Median Price$880,000

Median PSF$988 psf

Transactions73

Million-Dollar Sales26

#2

Toa Payoh

Median Price$836,000

Median PSF$939 psf

Transactions87

Million-Dollar Sales29

#3

Bukit Merah

Median Price$901,000

Median PSF$879 psf

Transactions72

Million-Dollar Sales22

#4

Central Area

Median Price$620,000

Median PSF$859 psf

Transactions16

Million-Dollar Sales4

#5

Bukit Timah

Median Price$650,000

Median PSF$785 psf

Transactions3

Million-Dollar Sales1

#6

Bishan

Median Price$900,000

Median PSF$732 psf

Transactions39

Million-Dollar Sales12

#7

Kallang/Whampoa

Median Price$665,000

Median PSF$679 psf

Transactions63

Million-Dollar Sales13

#8

Geylang

Median Price$584,000

Median PSF$626 psf

Transactions52

Million-Dollar Sales12

Central Region HDB Prices By Flat Type

Compare the highest and lowest town median resale prices by flat type in Central Region towns.

3-room Flats

Gap: $337,500

Highest town median
Queenstown
$705,000
$979 PSF · 28 transactions
Lowest town median
Geylang
$367,500
$532 PSF · 22 transactions

4-room Flats

Gap: $486,988

Highest town median
Central Area
$1,188,888
$1,175 PSF · 7 transactions
Lowest town median
Geylang
$701,900
$651 PSF · 18 transactions

5-room Flats

Gap: $380,000

Highest town median
Toa Payoh
$1,270,000
$1,026 PSF · 9 transactions
Lowest town median
Kallang/Whampoa
$890,000
$670 PSF · 13 transactions

Executive Flats

Gap: $345,000

Highest town median
Bishan
$1,315,000
$773 PSF · 4 transactions
Lowest town median
Toa Payoh
$970,000
$617 PSF · 3 transactions

Looking at resale prices by flat type often provides a clearer picture of the central region market. Some towns may appear more affordable overall because they record more smaller-flat transactions, even though larger HDB flats may still command significantly higher resale prices.

What Drives Demand In Central Region HDB Towns

City-Fringe Convenience

Many central HDB estates are located closer to the CBD, Orchard Road and key employment hubs. Shorter commuting times continue to support stronger resale demand in towns such as Queenstown, Bishan and Bukit Merah.

MRT Accessibility And Resale Demand

Flats located near MRT interchanges and mature transport corridors often command stronger resale interest and higher PSF values. This is especially visible in projects located near Redhill, Commonwealth, Bishan and Toa Payoh MRT stations.

Appeal Of Mature HDB Towns

Central estates typically benefit from established amenities, schools, hawker centres, healthcare infrastructure and older town centres. These features can contribute to more stable long-term owner-occupier demand compared to newer estates.

Limited New Flat Supply

Some central HDB towns have relatively limited new flat supply and fewer large redevelopment opportunities. This can contribute to stronger resale competition for well-located flats in mature estates.

Million-Dollar HDB Resale Activity

Central Region towns are often associated with some of Singapore’s highest HDB resale prices, particularly for larger flats, premium projects and city-fringe developments with stronger accessibility.

Balancing Space And Location

Buyers comparing central and non-central HDB towns often face a trade-off between larger suburban flats and smaller but more centrally located homes with stronger transport convenience and accessibility.

Explore HDB Resale Prices By Town

Compare HDB resale prices, PSF trends, million-dollar activity, and transaction records across Central Region towns. The latest town transaction counts below are based on resale activity in Oct 26.